Historically, medical insurance has not paid for on going day in day out home care. Typically, this is paid for out of your own pocket. Other options include:
- Medicaid Long Term Care Managed Care: This program provides 6-25 hours of care a week. Contact your local Area Agency on Aging for details.
- Veterans Aid and Attendance: Veterans that meet certain service, asset and income tests may qualify for up to $2,100 per month for a married couple.
- VA Community Based Care (formerly VA Home Health Aid Program): Veterans under VA care can get a home health aide to visit them for bath, homemaking and respite care. The hours may be limited (3 to 20 a week). See your VA social worker for details.
There are three other avenues to pursue to create funds for home care:
- Reverse Mortgages: For those of us 62 and over that have invested most of our net worth in our homes, this is a tool to tap into our equity to provide funds for health and home care type expenses.
- Long Term Care Insurance (and LTC riders to Life Insurance): typically you purchase this before an event occurs that causes you to require assistance.
- Medicare Advantage (New for 2019 and beyond): for the first time Medicare is starting to pay for home care. It is only under the Advantage programs and only about 130 hours a year, but it is now available.
If you or an aging loved one are considering non-medical in-home care in Tampa, FL, call Griswold Home Care
and speak to one of our caring staff members today. Call (813) 343-2228